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06-14-2017 Council Packet
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06-14-2017 Council Packet
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8331478v2 <br /> <br /> 8 <br /> <br />one or more phrases, sentences, clauses or paragraphs in this Resolution contained shall not <br />affect the remaining portions of this Resolution or any part thereof. <br />4.2 Authentication of Transcript. The officers of the City are directed to furnish to <br />Bond Counsel certified copies of this Resolution and all documents referred to herein, and <br />affidavits or certificates as to all other matters which are reasonably necessary to evidence the <br />validity of the Notes. All such certified copies, certificates and affidavits, including any <br />heretofore furnished, shall constitute recitals of the City as to the correctness of all statements <br />contained therein. <br />4.3 Authorization to Execute Agreements. The forms of the proposed Loan <br />Agreement, the Pledge Agreement, and the Purchase Agreement are hereby approved in <br />substantially the form presented to the City Council, together with such additional details therein <br />as may be necessary and appropriate and such modifications thereof, deletions therefrom and <br />additions thereto as may be necessary and appropriate and approved by Bond Counsel prior to <br />the execution of the documents. The Mayor and the City Administrator of the City are <br />authorized to execute the Loan Agreement, the Pledge Agreement, and the Purchase Agreement <br />and such other documents as Bond Counsel consider appropriate in connection with the issuance <br />of the Notes, in the name of and on behalf of the City. In the event of the absence or disability of <br />the Mayor or the City Administrator such officers of the City as, in the opinion of the City <br />Attorney, may act on their behalf, shall without further act or authorization of the City Council <br />do all things and execute all instruments and documents required to be done or executed by such <br />absent or disabled officers. The execution of any instrument by the appropriate officer or <br />officers of the City herein authorized shall be conclusive evidence of the approval of such <br />documents in accordance with the terms hereof. <br /> <br />Adopted by the City Council of the City of Little Canada, Minnesota, this 14th day of <br />June, 2017. <br /> <br /> <br />_______________________________________ <br /> John T. Keis, Mayor <br /> <br />ATTEST: <br /> <br /> <br />Joel Hanson, City Administrator <br /> <br />
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